Skip to main content

About your Search

20121201
20121231
STATION
FBC 265
LANGUAGE
English 265
Search Results 0 to 49 of about 265 (some duplicates have been removed)
some in detroit say they deserve for helping reelect their commander-in-chief. the city on the brink of financial collapse and will soon lay off thousands of city workers to pay off bills. the total outstanding debt is more than a billion dollars. that is according to moody's investor services. joann watson, city councilmember, her comments are sparking controversy. she claims the president owes the city another bailout because they voted them into office. >> he went to washington dc and he came back home with some bacon. that is what you do. that is what you do. are people overwhelmingly supported him in the election. not just that, but why not? gerri: quid pro quo, bring home the bacon. very controversial. we are going to have one out in just a moment. but first, it could be a day of reckoning lawmakers in michigan considering changing the status to a right to work state, giving workers the freedom to opt out of paying union dues. we have the labor policy director for the mackinac center for labor policy. tell me what it is you're trying to do with this legislation. >> there are ru
of being latest and biggest city to file for chapter 9 bankruptcy. detroit mayor binge said the city will lay off 400 to 500 workers in the nexx few months. it will take a lot more than that to keep the city from going broke. we're joined by michigan senator rick jones. thanks for joining me, senator, do yoo think if they dot latest layoffs will it satisfy the milestones the city needs in order to get more state aid? >> it is gooddstart and but not enough. we have a city council totally dysfunctional. recently mayor bing asked them to come in, they said we're on holiday. it is unbelievable. melissa: you said they think they deserve a bailout. what makes you think that they feel? >> detroit city councill3 woman came on national tv and said, president obama, we all voted for you. it is time to bring the bacon. bail us out. that's outrage just. that folks think they can just spend money like no tomorrow and expect anybody else to bail them out. my constituents from mid michigan are saying no bailout. they need to fix the city theirselves. melissa: this is something going on all across t
? >> and reformers who thinks city schools are terrible because of union. >> the test scores is not what we choose to focus on the. >> i know my kids are learning when i look in their eyes. >> give me a break. over my dead body. >> a few years it -- unions are mad because the chargers can fire the bad teachers. what is wrong with that? >> this actor says teachers need tenure. >> why have it? most physicians do not. >> but now there is good news some schools where teachers can be fired kids learn. >> give us over schools and the rare in america we will outperform the other schools in five years. how good our charter schools? >> unions say they are four problem kids. >> up until now the adults have run the show and make us stupid in america. school spending has tripled over the past 40 years. three sped much more than other countries but what do we get? student learning? no improvement. look at it. there is the line. 40 years the scores have been flat much more money no improvement that there is good news and around america very cool things are starting to happen. >> school is boring. >> knollwood i
been down 30%. the outlook below the estimates. david: let's talk about citi unfortunately because they cut so many workers. their stocks taking off. nicole: leading the dow financials really well today. david: we will talk about all the financials coming up but let's take a look at the general indices with the bells ringing on wall street. we got kind of a split decision. you have to remember the negative on the nasdaq is primarily from one stock, apple getting killed pulling down the entire index. when you spent much of a divergence in what is happening on the nasdaq, there is something with one or two stocks in this case a lot of it has to do with what happened to apple and at the end of the day trading down 7%, a huge loss for apple. liz: apple has an 18% waning. if they continue their slide, looking ahead about 1% today, but if apple continues a pretty dramatic slide, watch this etf, you could suffer bigger losses. david: nicole talk about bank of america. seeing a bump topping $10, the first time that's happened since july 2011. whether it is directly related to what happened
years and a narrow casting example. but the new york city subway used to have posters written spanish advertising a gay, lesbn domestic violence hot line. that's how fine grained it get in new york new york city on the subway pushing welfare programs. it informs and pushes them. >> but getting back to the poverty program and they're pushing food stamps and welfare programs and they have a tendency to keep poor people poor. once you are on the dole it is hard tore get off. >> it is. incentives are wrong. they encourage people to stay on it. it is it a growth crisis. economic growth is easy and if we get the policies right, a lot of these people get off of it and i agree with victoria that we have a welfare industrial complex. and in order to keep these people on food stamps, we got to -- >> and creating a sense of depeppedency from fdr and bill clinton and senators . is is not just republicans and conservatives. >> that is it a valid. if you want to reform welfare to resolve the problems that you are raising. they are valid problems . we will not mix it up by condemning people who need
on monday? should taxpayeyeyeyeye [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. ti price rewind. start saving at citi.com/pricerewind. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gavisn®. can i still ship a gift in time r christmas? yeah, sure you ca great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. i'll send you back to bulls and bears, more headlines just 30 minutes away. >> we showed you the
and not letting more students in. [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more thayou have to. only citi price rewind automatically searches for the lowest price. and if it findone,ou get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. - ♪ livin' in this crazy world ♪ ♪ so caught up in the confusion ♪ ♪ nothin' is makin' sense ♪ for me and you ♪ we've got to give a little love ♪ ♪ have a little hope ♪ make this world a little... ♪ >> believe it or not, colleges are enticing more kid toz apply to their schools and admittinga f
for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >> time for special do i need to know? >> drug companies take a long time to get from the nation place to the market place. i own it and talked about it in the past. this year will be
's typical of washington. exactly the type of thing that needs to stop in the city. frankly, it encourages young people like me who will have to pay for stuff like th and our future, pay the interest payments for this type of baloney. tom: where are the young people. you know, the and people turned out to vote in november. yet your generation is going to be the one that puts -- foots the bill for all of this. where is a screaming? >> talking to young people. frankly, our organization and a few others i1 of the few organizations talking to young people who are conservative. many debt more conservative talking to young people, explaining these issues, going to college campuses not being afraid to get a college campuses demagogy and communities. right now we read them -- of, that's the liberal environment. we can't go there which is why we're losing tha battle. tom: the conversation takes place to sit connect the dots, listen, we thought we voted for this inspirational person. yet all we are getting is more debt handed to us. again, i repeat that republican and democrat plans to solve the fis
into the baseball. he had jackie robinson in nsas city, he saw all of the talent out there other people would not hire, they were punishing themselves for their racist acts and so, he with -- dodgers they won championships, cardinals did not hire a single black player until 1958, and they lost their championship. john: people hired black players because it was good for says. >> good for business. john: at the time government was racist. d forcing jim crow, and southern businesses fought that? >>yeah, you know, government was branch rookie's problem, he had to escape the government of missouri to go to new york city with the brooklyn dodgers, down south, companies like pepsi who advertised to black consumers,. john: we have some pictures of that. they were doing it when it was illegal according to the government? >> yep. john: to share 3e pepsi at the lunch counter. >> these ads came out before people knew who martin luther king was. john: because pepsi wanted to make money. >> they were nearly bankrupt, they said, coke will not sill to negro consumers so we will, and the rest is history. john
city is a danger to himself in this community and it is able to buy a firearm. the complexity of the issue calls for rational discussion. lou: thanks for being with us. president obama's first callll after winning his second termter went to president bill clinton. hey, what happened to governore chris christie? former clinton special counsel wnd steven haze of the weeklye standard dryness. the boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flightanytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. what's in your wallet? hut! progressivive direct and other car insurance companie yes. but you're progressive, and they're them. yes. but theye here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run
glk350 for $399 a month at your local mercedes-benz dealer. >> >> driving and eating, hey, the a city in south dakota fine people eating behin the wheel. >>charles, you say it has to go? >> pretty soon we'll be fined for driving while driving. and it's a way to get money, ridiculous. >> neil: this is one town that won't see cavuto passing through soon. thank you. ben, what do you think of it? >> cooking while driving. (laughter) and i thin setting the table while driving. but eating potato chips, pop corner, peanuts? that's illegal? that's insane. >> neil: i was trying to reason this out, dagen, because just seemed like-- you can't use your cell phone in a lot of states now because it's huge distracting. >> and texting. >> so, maybe that's the next step. >> i don't have a problem with this, actually, if they need to raise money-- >> get skinny. >> and you show up and you don't have-- >> and fat people have a problem with it. >> and you don't have potato chip crumbsn your lap, ben, when you arrive to see who you're seeing and don't have a sticky steering wheel, i'm done. >> neil: i'm n
this game [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchas online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.copricerewind. citi price rewind. want to know what i did in the last five hours?i pl. then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a pingong master while recording my debut album. how yoask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. >> is very sad, but this legislation is what is said. the legislation has the expiration of the tax cuts after 10 years. if nothing is done, all tax rates go up. what you see happening allowing some of them to g
.com. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a mag carriage. citi price rewind. start saving at citi.com/pricerewind. but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i wasaving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. >> is very sad, but this legislation is what is said. the legislation has the expiration of the tax cuts after 10 years. if nothing is done, all tax rates go up. what you see happening allowing
an you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. citi price rewind. nfc, afc, offensive lineman, defensive tackles, quarterbacks and cornerbacks are all living united. to ensure the acadic success of millions of kids in our communities. all the way to graduation day. but that won't happen without you. so take the pledge at unitedway.org. make a difference in the life of a child. suit up like your favorite nfl players, and become a volunteer reader, tutor or mentor with united way. ♪ lou: we have a national debt net of $16 trillion. we want to do a little something in that "chalk talk" tonight to bring some simple math home, primarily for the benefit of those we elected to represent us in washington d.c. and if cbo, a congressional budget office projections are right, that 16 will be a trillion dollars higher next y
, tobin, workers point out it's hard to live on $16,000 year in new york city, which is essentially what they're making. >> well, it's hard to live in new york city on 16,0 a month let me tell you. the bigger issue, this is a new york issue. if you look at the overall economy and overall states we're having stes move to right to work state. less unionization. and so, this is a new york centric prlem. you know, the issue of unions, this happens to be the most unionized labor force in the united states. so it sort of les it self-- they're doing themselves a disservice and if you look at the structure in europe where mcdonald's is very large, le mcdonald's hamburger is a dollar and a half more so that's really added labor costs. >> brenda: gary b, we're the not just talking about fast food, we've seen it at wal-mart, at airports, at the shping ports and they're flexing their muscles. >> absolutely, and they have the backing of the current administration, and i don't dismiss what jonas says that ions are going to these quote, unquote, highly skilled. i remember, i worked in a cardboard box f
of midway airport. another way for the city to lose money. the city just privatize the parking meters. $1.5 billion deal, 75 years, but the problem is this. they got all the money up front and the city spent all the money already, and now in the parking meters are out of order because they're tearing up the street they have to pay the company back. usually privatization does a better job of managing things like airports and the government tenders to do, but people in chicago are kind of wary about this. he wants to privatize midway airport. have a deal. ithey deal to do it for $2.5 billion. airports are huge generators of cash. the parking concessions, food and beverage concessions, rental car rentals, the places that do that tends to be a big cash generator. companies like to get in on that, i like to do it more efficiently. but here's the problem. don't get the money up front and spend it somewhere. say this time they will not do that, to be a revenue stream. instead of a revenue jumped to balance the budget. i guess we will see. ashley: just come it looks markedly orderly behind you gi
mercedes-benz dealer. me for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ lou: house speaker boehner says the president is slow walking our economy to the fiscal cliff. former reagan white house counsel, financial criis inquiry commission member peter wallace will join me here in just moments. let's take a look at tonight's "moneyline." the dow and s&p managing gins. the nasdaq weighed down by another ba day for apple and its investors. the dow up 81 points. s&p up four, the nasdaq fell leaven. just over 3 billion shares traded on the big board today. the dow up 1%, s&p slightly higher making three straight weeks of wins. the nasdaq down 1% for its first losing week of the past three.
. the president and ceo of citi mortgage joins us next. twins. i dn't see them coming. i have obligations. cute obligation b obligatio. i need to rethink the core of my portfolio. what i really need is eep. introducing the ishares core, budinglos for the heart of your portfolio. find out why 9 out of 10 ilarge professisional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectis, risks, charges and expenses. ad and consider itarefully bere investing. ri includes possible ss of principal. lou: new reports show foreign investment is helping the housing market slowly recover. citimortgage president and ceo sanjiv das joins us here in just moments to discuss that and much more when it comes to housing. in the money line tonight, investors waiting cautiously to see whether washington can work out a deal to avoid the fiscal cliff. stocks rising, well, modestly is a big, strong word for what happened. technology stocks helping the dow up 15 points. the s&p up a fraction, the nasdaq rose nine. trading light. technology stock
of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. i played a round of golf.id in the last five hours? then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. 7,000 high school students drop out every school day. that's a line of desks more than 4 miles long. we can keep students in school. visit boostup.org and take the first step. >> 1968 was a year of chaos and conflict in the united states. ma
more. we're looking into states we will expand into, we're looking for cities with similar pats earns people use public transportation, alternative transportation and as a result are driving less. cities like san francisco, seattle, new york, boston, are great places for this product. adam: sound like a great idea. again the website, people learn more about it, i imagine they want to watch when it will come to their city, if they want to save some money this sounds like an option to follow. >> great, and thank you. adam: thank you, steven. you be well. now small label craft beers are all the rage and big boys like anheuser-busch are scrambling into the market but their push may leave beer lovers feeling skunked. we'll tell you why that brew may be a bust. at the end of the day it is all abouter boo, and then money. ♪ . ♪ . adam: beer lovers beware. before you crack open that artfully seasoned brew, homer simpson help me out. >> beer. adam: thank you, homer. be careful you weren't tricked into buying something else. regardless of industry standards, some of the biggest companies li
in the state of the california. vicki is right. government services are starting to get cut in cities in calirnia . so i tell you, it doesn't cut it when you have things like let's raise the retirement age to age 52. >> the fact is, these things are going broke. right now the budget26 percent of la's budget is consumed by the budget cuts and what are you going to do? >> i agree. there is it a problem with pensions . they are underfunded and we need to do something about it and the big thing here dav, let's be fair and they are benefits that a promised to the employees and we nide to make them whole and they were promed in llieu of pay. >> mike, no one is talking about taking away what was promised. this was for new employees and going into the future. one of the things this will stop david is the way politicians get taxpayers to sign off on the pensions. only so much in salary and we are going to make up the difference and benefits with investment returns . they don't materialize you get situations like california. in california they are shutting down entire strites. >> i think everyb
: why not, huh? detroit council woman joanne watson asked for bailout for the cash-strapped city. the president heading there. >> ofourse not if you want to look up cronyism, and wikipedia, this is cronyism in live television. it's blatant. if she feels so blatant she can feel it this way, who are the people not on mv saying texts and messages, dear mr. president, if we bring home the bacon you'll bring home the bacon to us? this is an unfortunate exmple of the realities of this type of political process. >> brenda: well, jonas, didn't michigan, didn't detroit already get a bailout. >> yes, it was called the auto bailout. and before the election, unformer. two admistrations that d that. everyone wants a bailout and the president's going to get your votes one way or the other. question is coming up more broadly, right now new jersey and an other of states getting a huge one bause it was a cast catastrophe. >> and if it's beyond your control and-- >> the case is we ved for you, we get bailout. >> and on the other side, detroit is in a mui-decade collapse that is beyond the scope, i
created less than 500 jobs. not so good. >>> solar city is postponing its ipo the solar installer was supposed to price yesterday and make its public debut today. details for the delay have not been closed. solar city was seeking to raise $151 million. >>> the fed cracking up the stimulus, cranking up the stimulus knob to full blast. it is dropping $45 billion a more a month on u.s. treasurys. inflation and ballooning balance sheets be damned! i can't keep track anymore of all the it tried to jolt the economy into recovery with very little to show for it i might add. is it time to call in the fed busters to stop ben bernanke from messing with our economy? i like that. joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our ghost buster, fed buster guy. >> i was shocked by the decision. is this qe inifiti we're on right now? melissa: i don't know. >> we've had such a huge deluge of liquidity into the market. and the fed, a lot of people know this that the fed already owns about a trillion doll
, that was from a detroit city council member. detroit runs out of money very soon, this is a call, publicly, for an obama bailout. so, who is next? california, illinois, good question. raise tax rates on the rich or no deal. yeah, the line has been drawn again. president obama says america is poised to take off, but only if the republicans agree to tax the rich directly. he will only accept higher tax rates. how will speaker boehner respond to that? he speaks within the hour. and how about this, top anchors at a news network visit the white house for a cozy chat with the president. tell us, mr. president, how can we sell your tax the rich policy? citigroup, 11,000 jobs gone. "varney & company" about to begin. having you shipy gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ me announcer ] break from e holiday stress fedex office. >> we'll begin with sad news. dame elizabeth mother of news corporation chairman and chief executive rupert murdoch died at age 103. news po
people waited all night long, lines wrapped around entire city blocks. apple, of course, fourth of $700 per share. the stock is down 28%. certainly bear market territory after the stunning job. what does this matter? well, there is a trickle-down effect suppliers, look at all these guys. all taking a hit. the concern is that weak demand for the iphone or at least the perception of it. the perception of it. and the new ipad many cannibalizing sales of the regular size type at. a lot of you either on apple or the funds or indices that have that as part of it. so is apple writing? we decided to bring into top experts. senior technology analyst. and managing director and head of equity director. i can't believe value of the trading for. >> only for you. liz: thank you so much. all right. people not exactly tripping over themselves in china. you know they have been kugel the night for all apple products. what is going on? a massive meaningful shift? >> competition has arrived. you are seeing competitive lower priced products coming out of samsung, coming from amazon, google. you think about
are confronted at the township and city level. >> here in chicago, you need 161 licenses to open up the business. >> if you open up a job shop, you have to have a license to give them a bath. it's ridiculous. whcan't we consolidate some of these things and reduce the bureaucracy? it isn't about the people collecting anything but a paycheck. neil: they must realize that the more they push this, the more it it endangers the economy and their very jobs are online. >> you would think so, when you? there is a lot of evidence that says those people inside the beltway are living in a bubble. washington dc is the only city in the united states that has had taken continuous growthh >> what about when gas comes down? >> you have a gas situation where you have $4000 and their wages have only gone up about 1%. was coming up, where is the thing going to? >> it leaves cut taxes. >> i'd like to see taxes go down and someone say america is great. let's do everything we can to eliminate obacles to success vmax my next guest says that regulations are really killing business. we have congressman eric cantor, the h
with us, we'll show you the evidence. it's tt time o. time for citi price rewind. because your daughter really wants that pink castle thing. and y realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. yoknow we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. se on ground shipping at fedex office. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gavisn®. ♪ lou: back with the a-team, and l
again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. john: we all have biases but i believed scientists are special, us march, unbiased comment trustworthy. >> accurate, down to earth. >> nerdy. >> i know a lot of research scientt who are dry. >> my eight older brother is a scientist. he could be dry. he is weird and angry. thought of volatility is common author of free radicals. anarchy? michael brooks says that gives us scientific breakthroughs. >> anarchy. lying, cheating, taking drugs, all kinds of things go on. john: you say 1/5 scientist worldwide take drugs? >> that was self disclosure. they said they would be happy to do it occasionally for those who are more creative.
york city area, we have not seen the price relief other places in the nation have. >> no, we haven't. there was a little bit of almost an embolism that occurred when the pipeline shut down and we didn't get the normal flow of products from the gulf coast after sandy, a little bit from isaac too, so our prices here in the northeast are actually 10 or 15 cents above the lows for the year. and i suspect that may continue for a little while. on the west coast, we had a nice down trend, but today of all days, when a lot of people aren't even showing up, kind of like the giants yesterday, we're seeing prices actually move higher in california in a couple refinery issues. so that's going to be the hot market again in 2013. you've got an adversarial relationship between refiners and regulators and that doesn't add up to anything good. dagen: there's something very strange going on in terms of the wholesale market for gasoline and export of gasoline. can you explain that? >> yeah, one of the reasons the east coast has higher prices is -- and there's plenty of gulf coast product is the pipel
footprint. up next with a fox business exclusive. [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more thayou have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi ca and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's anothereason more investors are saying... [ all ] i'm with scottrade. >> i am adam shapiro with our fox business brief. stocks are swinging between gains and losses. we have five days left befo
, really? and the debate on guns front and center. that murder-suicide involving the kansas city linebacker brings on the call for gun control and the possibility of head injuries in football and drugs and alcohol. all right, everybody, monday morning, "varney & company" about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba ding the great rrier reef with sharks, or jumping into the marke he goes with people he trus, which ishy he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what haens, which isn't rocketcience. it's just common sense, from td ameritrade. well, having a ton olocations doesn't hurt. a santa to boot! [ chuckles ] rigight, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. and waiting in line. i don't have to leave my desk and get upnd go to the post office anymore. [ male announcer ] with stamps.com, you can print real u.s. stage for all
. lori: we will go live to chicago's midway airport. it could be going private as the city looks for new revenue. ♪ ♪ >> i am adam shapiro with your fox business brief. it was another down day for the markets. they continue to focus on the fiscal cliff. more americans are getting a better handle on their debt. the "wall street journal" reports u.s. households spent just over 10% in the third quarter of the year. that is the lowest level since 1983, according to the federal reserve. while the ultimate procrastinators are hitting stores today, retailers are also bracing for a busy day on wednesday. industry watchers say the lines were returning gifts will be as long, if not longer, then the lines consumers had to buy the things in the first place. that is the latest from the fox business network. giving you the power to prosper. ♪ lori: how has the franchise industry than coping with the fiscal uncertainty coming out of washington? joining us now is nick powell. welcome. >> thank you. thank you for having me. lori: i have to imagine this is probably one of the most difficult times. w
without tax rate increases. melissa: 11,000 now out of work at citi. slashing jobs taking a billion dollars charge as it repositioned oppositions. charlie gasparino tells us it is even more cuts are on the way. lori: new warnings and ethanol blended gasoline. joining us on whether you should be worried about what you put into your gas tank. let's get up to speed, back the floor of the new york stock exchange and nicole petallides. economic data on the service industry. nicole: looking good, lori and melissa. up 125 points. after two days of selling we are seeing some market action to the upside. we are above the 13,000 mark, well above that. 13,076. the nasdaq squeezing it out. concern for apple, but financials are doing well. let's take a look at the group. laying off 11,000 workers, that is the plan. a new ceo in place and he wants to make his mark. up 6.5%. it is under pressure, nowhere near $700 for the all-time high in september. the latest findings other actually going to use the market share for the ipad to the android in some microsoft folks, they're facing intense competiti
with turn it upside down again with a new [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter reall wants that pink castle thing and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >> home not so sweet home? the white house is said to be looking into expanding a mortgage bailout program to include borrowers with loans not backed by e federal government. this coming, as the housing market is showing more signs it's slowly recovering i very own. charles, what will be the impact? >> well, here is the thing. i just found amazing that the same government that was ushered into office by pulling out wout's recogniz-- wall street's reckless behavior. not only homes not backed by the the federal government, but homes deeply underwater. i'
their fights over wages to mcdonald's in new york city. from mickey d's to wal-mart to one of our nation's busiest airports to key shipping ports. big labor is flexing its big muscles after the election and gary b, you say it's a big problem for us, the consumers, how so? >> absolutely, brenda, look, everyone should realize what unions are, unions are a little monopoly in the company and exercising the the monopoly powers, raise the rates and this days the wages for their employees through an unsustainable level. so what the employees have to do is pass those costs on to the consumer. you know, you just have to ask, brenda, where have unions made an industry more competitive? i can think of examples where they haven't, airlines, steel, auto, across the board, governments they put out of business, if even can argue they've made it more competitive. i'd stand upor unions and i can't find an example. >> prices have ge up in all of those industries and you say, fast foods, too cheap? >> yeah, i mean, i'll tell you what, i don't actually believe that we'll see unions at the fast food restaura
of bankruptcy as city councilwoman with a rather direct, plain spoken solution saying it's simple. the city voted for obama. now obama must bail out mo-town, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and psonal attention. which is why we arare proud to parer with healh care professionals who understand the difference that quality time with our members can me... that's a very nice cake! ohh! [ giggles [ le announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals w helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... whh means better health outcomes... and more quality t time to she with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ lou: treasury secretary today said t
that maybe shouldn't continue. like for example these huge banks like citi that are too big right? >> you have to be practically about this. what would have happened to all of us if we had not bailed out some of these institutions. yes, it is troubling. >> we would have had better economic growth than anemic growth we're seeing. but these guys are not paid to wind down fannie mae and freddie mac, they are being paid to keep the status quo which is for lawyers, half billion dollars in legal fees to defend corrupt people at fannie mae and freddie mac who engage in accounting fraud. >> that is absolutely right. they are in self-preservation business. i want to point out something that obvious, if you were to start large financial institutions today that were tied to the mortgage market and you wanted to hire really good people, would you base yourself in washington, d.c. and virginia? no, you wouldn't. we need these big salaries because we need to recruit top talent. go to manhattan. >> that is the point. if bailouts maintain the government centered focus to our economy? >> yes, and it's suc
that maybe shouldn't continue. like for example these huge bks like citi that are too big right? >> you have to be practically about this. what would have happened to all of us if we had not bailed out some of these institutions. yes, it is troubling. >> we would have had better economic growth than anemic growth we're seeing. but these guys are not paid to wind down fannie mae and freddie mac, they are being paid to keep the status quo which is for lawyers, half billion dollars in legal fees to defend corrupt people at fannie mae and freddie mac who engage in accounting fraud. >> that is absolutely right. they are in self-preservation business. i want to point out something that obvious, if you were to start large financial institutions today that were tied to the mortgage market and you wanted to hire really good people, would you base yourself in washington, d.c. and virginia? no, you wouldn't. we need these big salaries because we need to recruit top talent. go to manhattan. >> that is the point. if bailouts maintain the government center focus to our economy? >>es, and it's sucking the%
a federal problem. check this out. this atlanta mayor, approving the city council to receive -- wait for it -- 50% pay increase starting in 2014. do they not have tv in atlanta? you heard it right. 50%. the council council members voted to raise their own pay earlier this month. these employers employees are also demanding that pays well. they are wanting to raise the income for these city employees. really? fiscal cliff? deficit? that? anyone? what steps can you take to lower your tax burden mr.? we have dominant from diversified financiaa consultants. you talk with them leaders. what do they say? >> they are working diligently to get this compromise. if you look at the economic and tax issues facing us in 2013, it's going to go either bad or really bad. it is not going to be a compromise. there is not a good scenario coming out of the picture. even if they compromise, we are still going to be facing higher taxes and substantial cuts in entitlements and other programs. >> at the end of the day, that hurts gdp in the country? >> the projections by the cbo, if we go to the fiscal clif
for citi price rewind. because your daughter really wants that pink castlehing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finde, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. david: joining us one of my favorite people, scott shellidy from the cme. we just heard a lot of talk about how we are heading towards the fiscal cliff, whether they want to or not, i don't care, but the fact is if we do, does that mean we will be hitting another recession? >> well, it's funny how we talk about the fiscal cliff and we ignore the fact that our economy is no better off than we really were say even two years ago. for the fed to come in with 6 1/2% unemployment rate in their last meeting. it would take four to five years of 200,000 jobs per month. we are going to be nowhere near that. these politicians are using that at some sort
] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for theowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. - ♪ 'cause people got me questioning ♪ ♪ where is the love - ma'am. you forgot your purse. - thank you. oh. thank you very much. - a message from the foundation for a better life. gerri: world'stests gerri: the world's hottest cars are taking the stage for the 2012 los angeles auto show. automakers unvei unveiling near0 new vehicles. including world first from chrysler, ford, gm, bmw andswag volkswagen. a sneak peak before friday's public debut, consumer reports is live in los angeles with the very latest. you here. such a fun segmentment tell me, first, what trends are you seeing
into brick-and-mortar sales. a couple of years ago, in addition to best buy we had circuit city. they're gone now. i think we'll see more of that. shopping malls are being converted to other purposes as increasingly americans will shop from their living rooms. won't always be that way. i can't try on a suit that way very effectively but there are lots of things i can buy that way. i'm sure it is that way for you your viewers. melissa: i bought every single thing online today. i didn't go into a single store. i'm so proud of myself. it is so much easier. i wonder we saw the total number trimmed back from estimates to 2.3 from 3.5%. do you think that is even optimistic? i think 2.5% growth over last year is optimistic give the pace of the economy right now? >> i don't because that is nominal growth. we've had some inflation and so forth. if we only got 2.5, that would be in line with inflation. maybe better. inflation hasn't been bad because of gas prices. i think we'll hit that. i'm homeful today will be a great day. melissa: what about that? have gas priced helped? we've seen them steadily gr
Search Results 0 to 49 of about 265 (some duplicates have been removed)